An insane person cannot evaluate an insane evaluation system.
As you know I have been trying to restore sanity to the insane premises Wall Street has been teaching its brokers and you for all these years. Their insanity has become so pervasive that it has become conventional wisdom. The brokerage houses have taught everyone to act insanely and to think that what they are doing is sane.
Wall Street has taught you the insanity of doing research, dollar cost averaging and buying and holding. Anyone who can rub two braincells together can figure out that all these are lies. A book written 40 years ago by Nicholas Darvas called "How I Made $2,000,000 in the Stock Market" came to the same conclusions I have, namely, brokers don't know anything and research is worthless. He gives a good explanation as to why he came to those conclusions. You might still be able to get the book at the library as it is out of print.
Why is research worthless? There is one good source of information about almost any listed company as well as many unlisted companies from Morningstar. They are the nexus for stock market information. You can find out more things about a company than you will ever need to or want to know. You will be inundated with information, but there is one thing they do not know. Will the stock go up after you buy it? And that is the only thing that counts.
When you ask your broker about a stock he will go to the company file that has all the statistical information about almost any company. He thinks that stuff is good. If it is so good why doesn't he buy it? Because down deep he knows it is worthless, but he can't admit that to you or even to himself.
His company has taught that you must do research. In his defense he does not realize he has been a good student, but has had a bad teacher. You would think that after doing this nonsense all those years he would catch on, but he doesn't because everyone around believes it is true. He is in an insane asylum. Everyone looks normal.
You cannot evaluate an insane evaluation system with insane evaluation. Once you realize it is insane you must leave it. Don't argue with the insane person. Now you have shaken lose from that weird thinking you will be able to look back on it to wonder why it took you so long to come to your senses.
Al Thomas' book, "If It Doesn't Go Up, Don't Buy It!" has helped thousands of people make money and keep their profits with his simple 2-step method. Read the first chapter at http://www.mutualfundmagic.com and discover why he's the man that Wall Street does not want you to know.
Copyright 2005
http://www.mutualfundmagic.com; 1-888-345-7870
move in cleaning service Glencoe ..Let's hope you did not have any of the Enron... Read More
Mutual funds were created with the idea that one person... Read More
We all know the expression, "My country, right or wrong",... Read More
Time to look back2004 is over, now we are in... Read More
The basis of diminishing return discussions surround such simple notions;... Read More
There are major differences between trading stocks and trading futures.... Read More
Today's society gives special recognition to alcoholics, sexaholics, binge-aholics, shopaholics,... Read More
Stock trading remains a very competitive field and the stock... Read More
Stock investment advice is easy to find. Do you get... Read More
∙ Make every investment in the stock market a long-term... Read More
The trash business in its efforts to cook their books... Read More
You must take the time once a month to review... Read More
I'll bet with almost anyone that has stocks or mutual... Read More
With all the bad news that has been dumped upon... Read More
For weeks, no, months we have been bombarded with nothing... Read More
Every year I go to the Money Show in Orlando,... Read More
It is difficult to make money in a bull market,... Read More
You read and hear a lot about hedge funds. Unfortunately,... Read More
When most analysts, financial planners, fund specialists and investors try... Read More
One Saturday morning, while he was sitting at his computer... Read More
On Monday, November 25, 2000 Investor's Business Daily listed on... Read More
Do you have a nest egg? You know, a place... Read More
You remember (they show it on TV every year) the... Read More
Right now there doesn't seem to be any "gold fever".... Read More
Both the stock market and oil prices rallied recently, which... Read More
disinfecting cleaning services Winnetka ..You read and hear a lot about hedge funds. Unfortunately,... Read More
How many people went to a cash position this week?... Read More
There are many good penny stock investments available, which could... Read More
In his wonderful book, 'Multiple Streams of Income', best selling... Read More
I made my very first investment in the stock market... Read More
AS BUILDERS BEGIN WORK ON THE FREEDOM TOWER in New... Read More
You probably know the story of Sherlock Holmes and the... Read More
Is really not as important as to how you invest... Read More
Caught in a whirlpool and being sucked under. No life... Read More
One of the big advertising kicks today from mutual funds... Read More
Sidney felt sick as she looked at her latest OptionsXpress... Read More
The demand for world oil is increasing while world reserves... Read More
Buy high and sell low -- It's not a typo.Millions... Read More
If you don't know where you are going any road... Read More
Sometimes the best way of lowering exposure to risk is... Read More
On Monday, November 25, 2000 Investor's Business Daily listed on... Read More
One of the great truisms of Wall Street is "Don't... Read More
With the stock market stubbornly refusing to settle down and... Read More
There are so many kinds of work that needs to... Read More
An insane person cannot evaluate an insane evaluation system.As you... Read More
The stock market has been in an up trend for... Read More
How many times have you said to yourself, "I'd like... Read More
There can't be many traders who haven't at least considered... Read More
Every broker and financial planner will tell you that you... Read More
What the heck am I talking about?It is often said... Read More
Stocks & Mutual Fund |